1463x: Target and Danger level for Bitcoin leg up

10
0
Share:

Plotted are two Golden Fibs of different time frames.
Solid lines are levels from local “Golden Fib” (parabolic).
Dashed lines are Bitcoin’s “Genesis Fib“, also a golden one.

Double fib at 14,63x should be very high gravity zone.
Minor hurdles below are 13,995 ( 14k call it) and 14,322.
IF we get to the 14.6 area, be VERY alert around 14,630.

HOWEVER, we are likely to pull back a bit right about now.
Local (solid) Gold 46.971 at $13,300 is a very likely retrace point.
Genesis (dashed) 46.791 at $12,644 is quite plausible for a wick.

.

My “Book” detailing my Methodology with Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions <== Current Example
Chapter 6: Give me a ping Vasili: one Ping only

.